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Dates: during 2000-2009
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...even more sensitive case turned up in July. Namibian prosecutors are charging representatives connected to a Chinese state-owned manufacturer of security scanners with bribing local officials to win a $55 million contract in 2008. Until last year, the head of the company, Nuctech, was none other than Hu Haifeng, the son of China's President Hu Jintao. Although the younger Hu has not been publicly implicated in the case, Chinese censors quickly squelched news stories on the bust within China. (Separately, E.U. officials are also investigating whether Nuctech engaged in illegal activity in Europe...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

Perhaps worst of all, the “vitality vs. security” argument masks a certain, purposeful interdependence in America, especially between generations. Democracy works on the premise that the social contract spans eras. Today’s young provide some protection for those who sacrificed in the past, and today’s elderly maintain a duty of active stewardship for those who will come in the future. There are live wires between us, and to describe the American contract of caring for citizens of other generations as a mere siphoning process, as Brooks does, is to cheapen...

Author: By Raúl A. Carrillo | Title: The Vital Question | 11/30/2009 | See Source »

Despite the high-profile nature of the job (apart from a nationwide fan base, Notre Dame has a lucrative contract with NBC), the best college coaches seem wary of Notre Dame. Weis ended up with the Notre Dame position only after another sought-after coach, Urban Meyer, showed little interest in the job and went to the University of Florida instead. There he has won two national championships and is in the running for a third this season...

Author: /time Magazine | Title: What's Wrong with Notre Dame Football? | 11/30/2009 | See Source »

...Self-interest. The auto industry disintegrated while management and labor tangoed from one bad contract to the next, ignoring their customers and their competition, aided and abetted by their respective politicians...

Author: /time Magazine | Title: The '00s: Goodbye (at Last) to the Decade from Hell | 11/24/2009 | See Source »

...Obama Administration insists that 15% of the stimulus contracts awarded so far across the country have gone to DBEs. That's 2½ times the share of federally funded projects that went to minority- and women-owned firms in fiscal 2008, say officials. "It's a top priority of the President's, and we've worked very hard to create those opportunities," says David Hinson, director of the Commerce Department's Minority Business Development Agency (MBDA). Hinson points to the outreach program the MBDA and the Small Business Administration have created to "put boots on the ground" and make contract...

Author: /time Magazine | Title: Are Minorities Being Fleeced by the Stimulus? | 11/23/2009 | See Source »

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